Swiss Life Holding AG (OTCMKTS:SZLMY – Get Rating) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,900 shares, a decline of 17.4% from the February 13th total of 2,300 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 1.1 days.
Analysts Set New Price Targets
Several brokerages recently commented on SZLMY. Credit Suisse Group reissued a “neutral” rating on shares of Swiss Life in a report on Monday, November 14th. Barclays began coverage on shares of Swiss Life in a report on Tuesday, February 21st. They issued an “overweight” rating for the company. Finally, Berenberg Bank cut their price target on shares of Swiss Life from CHF 650 to CHF 624 and set a “buy” rating for the company in a report on Tuesday, November 15th.
Swiss Life Stock Down 1.7 %
Swiss Life stock opened at $30.96 on Tuesday. Swiss Life has a 52-week low of $20.93 and a 52-week high of $33.99. The company has a fifty day simple moving average of $29.47 and a 200-day simple moving average of $26.54.
About Swiss Life
Swiss Life Holding AG engages in the provision of life insurances, pensions, and financial solutions. It operates through the following segments: Switzerland, Germany, France, International, and Asset Managers. The Switzerland, France and Germany segments provide life insurance operations and distribution units.
- Get a free copy of the StockNews.com research report on Swiss Life (SZLMY)
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